The Vietnam Flour Mill-Wilmar (VFM-Wilmar) inaugurated a new wheat flour mill at the Cai Lan Industrial Park in the northern coastal province of Quang Ninh on December 3.

The 47.4 million USD factory has a design capacity of 500 tonnes of wheat a day, and employs 150 workers. The plant is expected to contribute 200 billion VND (9.4 million USD) to the province’s budget each year.

The project helped to increase total new foreign direct investment (FDI) in Quang Ninh to a record high 586 million USD.

The VFM-Wilmar is a joint venture of Singapore’s Wilmar group and the Federal Flour Mills Berhad group of Malaysia.-VNA